empty
 
 
02.02.2024 06:39 AM
Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday February 02 2024.

This image is no longer relevant

If we look at the price movement of the Uniswap Crypto currency on the 4-hour chart, it appears that Uniswap is below its Moving Average, coupled with the appearance of the Ascending Broadening Wedge pattern and the presence of a bearish Fair Value Gap area level which will become its Resistance area level in the near future. Uniswap has the potential to weaken and try to break below level 5,877 if this level is successfully broken downwards and if there is no upward correction that passes above level 6,231 then the Uniswap cryptocurrency has the potential to continue its weakening to level 6,669 as the main target and if the momentum and volatility is quite supporting, then the level 5,526 will be the next target.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback